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RCI Industries & Technologies (BOM:537254) Accounts Receivable : ₹151.4 Mil (As of Sep. 2022)


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What is RCI Industries & Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RCI Industries & Technologies's accounts receivables for the quarter that ended in Sep. 2022 was ₹151.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RCI Industries & Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 132.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RCI Industries & Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was ₹-144.04.


RCI Industries & Technologies Accounts Receivable Historical Data

The historical data trend for RCI Industries & Technologies's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RCI Industries & Technologies Accounts Receivable Chart

RCI Industries & Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 2,552.06 2,671.39 2,407.28 473.78 108.13

RCI Industries & Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 374.14 - 108.13 - 151.36

RCI Industries & Technologies Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


RCI Industries & Technologies Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

RCI Industries & Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=151.358/104.279*91
=132.45

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), RCI Industries & Technologies's accounts receivable are only considered to be worth 75% of book value:

RCI Industries & Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(42.497+0.75 * 151.358+0.5 * 34.718-2431.334
-0-0)/15.6764
=-144.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


RCI Industries & Technologies Accounts Receivable Related Terms

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RCI Industries & Technologies (BOM:537254) Business Description

Traded in Other Exchanges
N/A
Address
4th Florr Pearl Omaxe Tower,, Unit Number 421,, Pitampura, New Delhi, Delhi, IND, 110052
RCI Industries & Technologies Ltd is engaged in the manufacturing of copper products in India. The company's product categories include Brass, Bronze, Copper, Nickel, Solder, Stainless steel, and Aluminium. Its products are applicable in sectors like automobile, engineering, defence, construction, electronics, among others. It involves into B2C segment for the production of copper cables, LED Lights, and Home Appliances under the brand name RIKAYAA. Geographically, it derives substantial revenue from India and has operations in the Middle East and African countries.

RCI Industries & Technologies (BOM:537254) Headlines

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